Advanced Micro Devices reported financial results for Q4 2008 and full year 2008. For Q4, revenue declined 35% year-over-year to $1.2 billion, and the company reported a net loss of $1.4 billion. For the full year, revenue declined slightly to $5.8 billion while the net loss widened to $3.1 billion. The Computing Solutions segment experienced significant operating losses for both the quarter and year. Advanced Micro Devices' financial position also weakened, with cash balances declining by over 40% and stockholders' deficit reaching $82 million.
Advanced Micro Devices reported a net loss of $1.77 billion for Q4 2007, compared to a net loss of $396 million in Q3 2007 and $576 million in Q4 2006. Revenue increased slightly to $1.77 billion from $1.63 billion the previous quarter but was flat compared to $1.77 billion in the same quarter last year. Gross margin declined to 44% from 41% last quarter due to higher costs. Operating losses increased substantially to $1.68 billion from $226 million last quarter due to a $1.61 billion goodwill impairment charge. Adjusted EBITDA was $203 million compared to $60 million in Q3 2007 and $169 million in Q4 2006
This document provides financial information for Advanced Micro Devices for the first quarter of 2009 including statements of operations, balance sheets, and selected corporate data. It shows a net loss of $414 million for the quarter, decreased revenue compared to the same quarter last year, and cash, cash equivalents, and marketable securities of $2.719 billion as of the end of the quarter. Non-GAAP information is also provided to show financial results excluding AMD's Foundry segment.
This document provides financial highlights and selected financial data for ConocoPhillips for the three month and twelve month periods ending December 31, 2005 and 2004. Some key details include:
- Revenues for the three months ending December 31, 2005 were $52.2 billion compared to $40.1 billion for the same period in 2004.
- Net income for the twelve months ending December 31, 2005 was $13.5 billion compared to $8.1 billion for the same period in 2004.
- Earnings per share (diluted) for continuing operations for the twelve months ending December 31, 2005 were $9.63 compared to $5.79 for the same period in 2004.
ConocoPhillips reported financial highlights for the second quarter of 2004 including revenues of $31.9 billion and net income of $2.1 billion. Earnings per share were $3.01 for the quarter. The company experienced higher crude oil and natural gas sales prices and volumes compared to the prior year. However, costs and expenses also increased, including purchases of crude oil and products, production and operating expenses, and taxes.
- ConocoPhillips reported revenues of $34.7 billion for Q3 2004, up from $26.5 billion in Q3 2003, and net income of $2 billion, up from $1.3 billion.
- Earnings per share for Q3 2004 were $2.86, up from $1.90 in Q3 2003.
- Oil and gas production volumes were up slightly from Q3 2003, with crude oil production of 733 thousand barrels per day consolidated and 844 thousand barrels per day total.
Maxim Integrated Products reported financial results for its second quarter of fiscal year 2009. Revenue declined 18% from the previous quarter to $410.7 million. The company reported a GAAP loss per share of $0.12, which included $125.9 million in special expenses. Cash flow from operations was $71.5 million. For the third quarter of fiscal year 2009, the company expects revenue in the range of $290-330 million and GAAP loss per share including special expenses and stock-based compensation.
Advanced Micro Devices reported a net loss of $1.77 billion for Q4 2007, compared to a net loss of $396 million in Q3 2007 and $576 million in Q4 2006. Revenue increased slightly to $1.77 billion from $1.63 billion the previous quarter but was flat compared to $1.77 billion in the same quarter last year. Gross margin declined to 44% from 41% last quarter due to higher costs. Operating losses increased substantially to $1.68 billion from $226 million last quarter due to a $1.61 billion goodwill impairment charge. Adjusted EBITDA was $203 million compared to $60 million in Q3 2007 and $169 million in Q4 2006
This document provides financial information for Advanced Micro Devices for the first quarter of 2009 including statements of operations, balance sheets, and selected corporate data. It shows a net loss of $414 million for the quarter, decreased revenue compared to the same quarter last year, and cash, cash equivalents, and marketable securities of $2.719 billion as of the end of the quarter. Non-GAAP information is also provided to show financial results excluding AMD's Foundry segment.
This document provides financial highlights and selected financial data for ConocoPhillips for the three month and twelve month periods ending December 31, 2005 and 2004. Some key details include:
- Revenues for the three months ending December 31, 2005 were $52.2 billion compared to $40.1 billion for the same period in 2004.
- Net income for the twelve months ending December 31, 2005 was $13.5 billion compared to $8.1 billion for the same period in 2004.
- Earnings per share (diluted) for continuing operations for the twelve months ending December 31, 2005 were $9.63 compared to $5.79 for the same period in 2004.
ConocoPhillips reported financial highlights for the second quarter of 2004 including revenues of $31.9 billion and net income of $2.1 billion. Earnings per share were $3.01 for the quarter. The company experienced higher crude oil and natural gas sales prices and volumes compared to the prior year. However, costs and expenses also increased, including purchases of crude oil and products, production and operating expenses, and taxes.
- ConocoPhillips reported revenues of $34.7 billion for Q3 2004, up from $26.5 billion in Q3 2003, and net income of $2 billion, up from $1.3 billion.
- Earnings per share for Q3 2004 were $2.86, up from $1.90 in Q3 2003.
- Oil and gas production volumes were up slightly from Q3 2003, with crude oil production of 733 thousand barrels per day consolidated and 844 thousand barrels per day total.
Maxim Integrated Products reported financial results for its second quarter of fiscal year 2009. Revenue declined 18% from the previous quarter to $410.7 million. The company reported a GAAP loss per share of $0.12, which included $125.9 million in special expenses. Cash flow from operations was $71.5 million. For the third quarter of fiscal year 2009, the company expects revenue in the range of $290-330 million and GAAP loss per share including special expenses and stock-based compensation.
- ConocoPhillips reported significantly higher revenues and net income for both the fourth quarter and full year 2004 compared to the same periods in 2003, driven by higher oil and gas prices and increased production volumes.
- Revenues for the fourth quarter of 2004 were $40.1 billion, up 54% from $26 billion in the fourth quarter of 2003. Net income for the fourth quarter was $2.4 billion, up 138% from $1 billion.
- For the full year 2004, revenues were $136.9 billion compared to $105.1 billion in 2003. Net income was $8.1 billion compared to $4.7 billion in 2003.
This document provides financial highlights and operating data for ConocoPhillips for the fourth quarter and full year 2006 compared to 2005. Some key details:
- Revenues for Q4 2006 were $42.5 billion compared to $52.2 billion for Q4 2005. Full year revenues were $188.5 billion in 2006 versus $183.4 billion in 2005.
- Net income for Q4 2006 was $3.2 billion compared to $3.7 billion for Q4 2005. Full year net income was $15.6 billion in 2006 versus $13.5 billion in 2005.
- Average daily oil and gas production for Q4 2006 was 859 thousand barrels of oil equivalent for consolidated
The document provides operating statistics and financial results for El Paso Corporation for the fourth quarter and full year of 2005. Some key details include:
- For the fourth quarter of 2005, El Paso reported a net loss of $162 million and a loss from continuing operations of $283 million.
- For the full year 2005, El Paso reported a net loss of $606 million and a loss from continuing operations of $702 million.
- El Paso reported earnings before interest and taxes of -$106 million for the fourth quarter and $398 million for the full year from its various business segments including pipelines, exploration and production, marketing and trading, power and field services.
el paso 22758BEF-CBE8-4368-BDC6-D02434EE5C13_EP_4Q08OpStatsFinalfinance49
The document provides operating statistics for El Paso Corporation for the fourth quarter of 2008. It includes consolidated statements of income, operating results, and business segment results for Pipelines, Exploration and Production, Marketing, Power, and Corporate/Other. Key details include a net loss of $1.68 billion for Q4 2008 driven by $2.66 billion in ceiling test charges in Exploration and Production. Pipelines EBIT was $319 million for Q4. Exploration and Production had an EBIT loss of $2.526 billion for the quarter due to the ceiling test charges.
Conforming Wireless P&L for 12 Months Ending 9/30/07finance6
This document provides a summary of Sprint Nextel Corporation's non-GAAP wireless statements of operations and statistics for the quarter ended September 30, 2007 and year-to-date. It shows operating revenues, expenses, operating income, and other financial metrics. It also includes reconciliations between GAAP and non-GAAP measures such as adjusted operating income and adjusted OIBDA. Key notes further explain special items and non-recurring expenses such as merger and integration costs.
ConocoPhillips reported financial results for the third quarter and first nine months of 2005:
- Revenues for the quarter increased to $49.7 billion, up from $34.7 billion in the same period last year, driven by higher oil and gas prices. Net income was $3.8 billion compared to $2 billion last year.
- For the first nine months of the year, revenues were $131.2 billion compared to $96.8 billion last year. Net income was $9.85 billion compared to $5.7 billion in the same period of 2004.
- Oil and gas production for the quarter averaged 790 thousand barrels of oil equivalent per day for
- Advanced Micro Devices reported a net loss of $600 million for the quarter ended June 30, 2007, bringing the total net loss for the first half of 2007 to $1.211 billion.
- Revenue increased 11.9% compared to the previous quarter but the gross margin percentage declined from 28.1% to 33.5% due to higher costs.
- Research and development expenses increased 9.5% compared to the previous quarter as the company continued investing in new products.
This document provides operating statistics and financial results for El Paso Corporation for the fourth quarter and full year of 2006. Some key details include:
- For the fourth quarter of 2006, El Paso reported net income of $166 million compared to a net loss of $162 million for the same period in 2005.
- For the full year 2006, net income was $475 million, an improvement from a net loss of $606 million in 2005.
- Earnings were positively impacted by higher earnings from the Pipelines, Exploration and Production, and Field Services segments.
- The results show improvement in El Paso's overall financial performance in 2006 compared to 2005.
This document provides an overview and summary of key financial information for Big Lots for fiscal year 2003. It includes selected financial data such as net sales, costs of sales, gross profit, selling and administrative expenses, operating profit, interest expense/income, income before taxes, tax expense, net income, earnings per share, balance sheet information, and store count data for fiscal years 2004, 2003, 2002, 2001, and 2000. It also provides a cautionary statement about forward-looking statements and an overview of Big Lots' business operations and seasonal fluctuations.
The document is the second quarter 2008 investor supplement from Dover Corporation. It provides condensed consolidated financial statements and quarterly segment information for Dover for Q2 2008 and comparisons to prior periods. Some key details include:
- Revenue for Q2 2008 was $2.01 billion, up 10% from $1.82 billion in Q2 2007. Net earnings for Q2 2008 were $135.3 million, down 21% from $172.2 million in Q2 2007.
- All business segments saw revenue increases in Q2 2008 compared to Q2 2007, with the exception of Electronic Technologies which was flat. Industrial Products and Fluid Management had the largest revenue gains.
- Advanced Micro Devices reported a net loss of $600 million for the quarter ended June 30, 2007, bringing the total net loss for the first half of 2007 to $1.211 billion.
- Revenue increased 11.9% compared to the previous quarter but the gross margin percentage declined from 28.1% to 33.5% due to higher costs.
- Research and development expenses increased 9.5% compared to the previous quarter as the company continued investing in new products.
- AMD reported net sales of $1.33 billion for Q1 2006, down 28% from $1.84 billion in Q4 2005. Gross margin increased to 58.5% from 46.4% driven by improved product mix.
- Operating income was $258.6 million in Q1 2006 compared to $205.7 million in Q4 2005, as gross margin gains offset lower sales. R&D and marketing expenses remained relatively flat quarter-over-quarter.
- Net income for Q1 2006 was $184.5 million versus $95.6 million in Q4 2005, benefiting from higher operating income and lower interest expenses.
This document is a proxy statement from Charter Communications providing information about voting at the company's upcoming annual shareholder meeting. It outlines the items to be voted on including electing one Class A/Class B director, ratifying the 1999 Option Plan, and approving the 2001 Incentive Plan. It provides details on shareholder voting eligibility, the director nomination process, and vote requirements for passing each proposal. Shareholders are asked to vote by proxy in advance of the meeting.
The Pantry, Inc. is the largest convenience store operator in the southeastern United States, operating 1,289 stores across 10 states. In fiscal year 2002, the company focused on operational excellence through strategic investments and initiatives to enhance store performance and gasoline operations. While total revenues declined from $2.6 billion in 2001 to $2.5 billion in 2002 due to lower gasoline prices, the company grew comparable store merchandise sales by 3.4% and gasoline volume by 1.5%. Net income improved to $1.8 million compared to a net loss in 2001, as the company paid down debt and ended the year with $42.2 million in cash.
charter communications 1Q_2008_Earnings_Presentationfinance34
Charter Communications reported first quarter 2008 results. Revenue grew 10.5% to $1.56 billion driven by increases in high-speed internet, telephone, and commercial customers. Adjusted EBITDA also increased 10.5% to $545 million. The company added over 302,000 customers during the quarter and nearly doubled telephone customers year-over-year to 1.1 million. Charter aims to continue growing revenue and adjusted EBITDA through bundling video, internet, and telephone services and increasing penetration of triple play packages.
This annual report summarizes the financial highlights and strategic goals of Quest Diagnostics for 2007. Some key points:
- Revenues increased 7% to $6.7 billion, operating income was $1.1 billion, and net earnings per share were $2.84.
- The company aims to grow revenues above industry rates, expand operating margins to 20% of revenues, and derive 10% of revenues internationally within 5 years.
- The strategy focuses on putting patients first, driving growth, and investing in people. Diversification efforts include expanding offerings in cancer diagnostics, gene-based testing, and point-of-care testing.
- Information technology is highlighted as a key differentiator
The Pantry Inc. achieved record financial results in fiscal 2000 through strategic acquisitions that added 143 new stores across six states, bringing its total store count to 1,313 locations. The acquisitions strengthened the company's presence in existing markets like North Carolina, South Carolina, Florida, Georgia, and Virginia, and also allowed entry into the Mississippi market through the purchase of 19 Big K stores and 17 Metro Petroleum stores. Looking ahead, The Pantry plans to continue its strategy of growth through acquisitions, with a goal of adding approximately 150 new locations in the coming fiscal year to further expand its retail network across the Southeastern United States.
The document provides an overview of The Pantry, Inc., a leading convenience store retailer concentrated in the southeastern United States. It discusses the company's strong market position, growth opportunities, and financial performance. Key points include its focus on attractive southeastern markets, significant scale advantages, benefits from consumer trends toward convenience formats, and ability to generate strong cash flows and earnings growth.
Charter took steps in 2006 to grow customer and stockholder value by aggressively rolling out telephone and bundled service offerings and enhancing customer service capabilities. This helped drive a 10% increase in revenue and 5% increase in adjusted EBITDA for 2006. Charter focused on improving the customer experience, increasing bundled product sales, focusing resources on high-return investments, and improving its balance sheet. Going forward, Charter believes it is well positioned for continued growth in 2007 and beyond with the strategies and momentum built in 2006.
- Advanced Micro Devices, Inc. (AMD) filed an annual report on Form 10-K with the SEC for the fiscal year ended December 27, 2008.
- In 2008, AMD decided to divest its Digital Television and Handheld business units and completed the sale of its Digital Television business to Broadcom for $141.5 million.
- AMD entered into an agreement to form a manufacturing joint venture called The Foundry Company with Advanced Technology Investment Company to manufacture AMD's semiconductor products in exchange for ownership interests in The Foundry Company and $700 million in cash from ATIC.
Charter Communications' 2004 annual report summarizes the company's performance for the year and goals for the future. The company increased its revenues by 3% to $4.977 billion for 2004, though adjusted EBITDA remained flat at $1.926 billion. Charter focused on growing its digital, high-speed internet, and telephone services, adding new customers in each area. Going forward, the company aims to improve customer service and operational execution through its new "Focus on Excellence" initiative to help drive further growth. Charter's leadership is confident that its network infrastructure and product offerings position it for continued expansion of its business.
This document outlines the bylaws of The Pantry Inc. regarding meetings of stockholders. It discusses annual meetings, special meetings, notice requirements, quorums, voting procedures, and rules for stockholders to propose business or nominations at annual meetings. Key details include requirements that notice of meetings be given 10-60 days in advance, that a majority of shares constitutes a quorum, and that stockholders must meet certain criteria to propose other business or nominations at annual meetings.
- ConocoPhillips reported significantly higher revenues and net income for both the fourth quarter and full year 2004 compared to the same periods in 2003, driven by higher oil and gas prices and increased production volumes.
- Revenues for the fourth quarter of 2004 were $40.1 billion, up 54% from $26 billion in the fourth quarter of 2003. Net income for the fourth quarter was $2.4 billion, up 138% from $1 billion.
- For the full year 2004, revenues were $136.9 billion compared to $105.1 billion in 2003. Net income was $8.1 billion compared to $4.7 billion in 2003.
This document provides financial highlights and operating data for ConocoPhillips for the fourth quarter and full year 2006 compared to 2005. Some key details:
- Revenues for Q4 2006 were $42.5 billion compared to $52.2 billion for Q4 2005. Full year revenues were $188.5 billion in 2006 versus $183.4 billion in 2005.
- Net income for Q4 2006 was $3.2 billion compared to $3.7 billion for Q4 2005. Full year net income was $15.6 billion in 2006 versus $13.5 billion in 2005.
- Average daily oil and gas production for Q4 2006 was 859 thousand barrels of oil equivalent for consolidated
The document provides operating statistics and financial results for El Paso Corporation for the fourth quarter and full year of 2005. Some key details include:
- For the fourth quarter of 2005, El Paso reported a net loss of $162 million and a loss from continuing operations of $283 million.
- For the full year 2005, El Paso reported a net loss of $606 million and a loss from continuing operations of $702 million.
- El Paso reported earnings before interest and taxes of -$106 million for the fourth quarter and $398 million for the full year from its various business segments including pipelines, exploration and production, marketing and trading, power and field services.
el paso 22758BEF-CBE8-4368-BDC6-D02434EE5C13_EP_4Q08OpStatsFinalfinance49
The document provides operating statistics for El Paso Corporation for the fourth quarter of 2008. It includes consolidated statements of income, operating results, and business segment results for Pipelines, Exploration and Production, Marketing, Power, and Corporate/Other. Key details include a net loss of $1.68 billion for Q4 2008 driven by $2.66 billion in ceiling test charges in Exploration and Production. Pipelines EBIT was $319 million for Q4. Exploration and Production had an EBIT loss of $2.526 billion for the quarter due to the ceiling test charges.
Conforming Wireless P&L for 12 Months Ending 9/30/07finance6
This document provides a summary of Sprint Nextel Corporation's non-GAAP wireless statements of operations and statistics for the quarter ended September 30, 2007 and year-to-date. It shows operating revenues, expenses, operating income, and other financial metrics. It also includes reconciliations between GAAP and non-GAAP measures such as adjusted operating income and adjusted OIBDA. Key notes further explain special items and non-recurring expenses such as merger and integration costs.
ConocoPhillips reported financial results for the third quarter and first nine months of 2005:
- Revenues for the quarter increased to $49.7 billion, up from $34.7 billion in the same period last year, driven by higher oil and gas prices. Net income was $3.8 billion compared to $2 billion last year.
- For the first nine months of the year, revenues were $131.2 billion compared to $96.8 billion last year. Net income was $9.85 billion compared to $5.7 billion in the same period of 2004.
- Oil and gas production for the quarter averaged 790 thousand barrels of oil equivalent per day for
- Advanced Micro Devices reported a net loss of $600 million for the quarter ended June 30, 2007, bringing the total net loss for the first half of 2007 to $1.211 billion.
- Revenue increased 11.9% compared to the previous quarter but the gross margin percentage declined from 28.1% to 33.5% due to higher costs.
- Research and development expenses increased 9.5% compared to the previous quarter as the company continued investing in new products.
This document provides operating statistics and financial results for El Paso Corporation for the fourth quarter and full year of 2006. Some key details include:
- For the fourth quarter of 2006, El Paso reported net income of $166 million compared to a net loss of $162 million for the same period in 2005.
- For the full year 2006, net income was $475 million, an improvement from a net loss of $606 million in 2005.
- Earnings were positively impacted by higher earnings from the Pipelines, Exploration and Production, and Field Services segments.
- The results show improvement in El Paso's overall financial performance in 2006 compared to 2005.
This document provides an overview and summary of key financial information for Big Lots for fiscal year 2003. It includes selected financial data such as net sales, costs of sales, gross profit, selling and administrative expenses, operating profit, interest expense/income, income before taxes, tax expense, net income, earnings per share, balance sheet information, and store count data for fiscal years 2004, 2003, 2002, 2001, and 2000. It also provides a cautionary statement about forward-looking statements and an overview of Big Lots' business operations and seasonal fluctuations.
The document is the second quarter 2008 investor supplement from Dover Corporation. It provides condensed consolidated financial statements and quarterly segment information for Dover for Q2 2008 and comparisons to prior periods. Some key details include:
- Revenue for Q2 2008 was $2.01 billion, up 10% from $1.82 billion in Q2 2007. Net earnings for Q2 2008 were $135.3 million, down 21% from $172.2 million in Q2 2007.
- All business segments saw revenue increases in Q2 2008 compared to Q2 2007, with the exception of Electronic Technologies which was flat. Industrial Products and Fluid Management had the largest revenue gains.
- Advanced Micro Devices reported a net loss of $600 million for the quarter ended June 30, 2007, bringing the total net loss for the first half of 2007 to $1.211 billion.
- Revenue increased 11.9% compared to the previous quarter but the gross margin percentage declined from 28.1% to 33.5% due to higher costs.
- Research and development expenses increased 9.5% compared to the previous quarter as the company continued investing in new products.
- AMD reported net sales of $1.33 billion for Q1 2006, down 28% from $1.84 billion in Q4 2005. Gross margin increased to 58.5% from 46.4% driven by improved product mix.
- Operating income was $258.6 million in Q1 2006 compared to $205.7 million in Q4 2005, as gross margin gains offset lower sales. R&D and marketing expenses remained relatively flat quarter-over-quarter.
- Net income for Q1 2006 was $184.5 million versus $95.6 million in Q4 2005, benefiting from higher operating income and lower interest expenses.
This document is a proxy statement from Charter Communications providing information about voting at the company's upcoming annual shareholder meeting. It outlines the items to be voted on including electing one Class A/Class B director, ratifying the 1999 Option Plan, and approving the 2001 Incentive Plan. It provides details on shareholder voting eligibility, the director nomination process, and vote requirements for passing each proposal. Shareholders are asked to vote by proxy in advance of the meeting.
The Pantry, Inc. is the largest convenience store operator in the southeastern United States, operating 1,289 stores across 10 states. In fiscal year 2002, the company focused on operational excellence through strategic investments and initiatives to enhance store performance and gasoline operations. While total revenues declined from $2.6 billion in 2001 to $2.5 billion in 2002 due to lower gasoline prices, the company grew comparable store merchandise sales by 3.4% and gasoline volume by 1.5%. Net income improved to $1.8 million compared to a net loss in 2001, as the company paid down debt and ended the year with $42.2 million in cash.
charter communications 1Q_2008_Earnings_Presentationfinance34
Charter Communications reported first quarter 2008 results. Revenue grew 10.5% to $1.56 billion driven by increases in high-speed internet, telephone, and commercial customers. Adjusted EBITDA also increased 10.5% to $545 million. The company added over 302,000 customers during the quarter and nearly doubled telephone customers year-over-year to 1.1 million. Charter aims to continue growing revenue and adjusted EBITDA through bundling video, internet, and telephone services and increasing penetration of triple play packages.
This annual report summarizes the financial highlights and strategic goals of Quest Diagnostics for 2007. Some key points:
- Revenues increased 7% to $6.7 billion, operating income was $1.1 billion, and net earnings per share were $2.84.
- The company aims to grow revenues above industry rates, expand operating margins to 20% of revenues, and derive 10% of revenues internationally within 5 years.
- The strategy focuses on putting patients first, driving growth, and investing in people. Diversification efforts include expanding offerings in cancer diagnostics, gene-based testing, and point-of-care testing.
- Information technology is highlighted as a key differentiator
The Pantry Inc. achieved record financial results in fiscal 2000 through strategic acquisitions that added 143 new stores across six states, bringing its total store count to 1,313 locations. The acquisitions strengthened the company's presence in existing markets like North Carolina, South Carolina, Florida, Georgia, and Virginia, and also allowed entry into the Mississippi market through the purchase of 19 Big K stores and 17 Metro Petroleum stores. Looking ahead, The Pantry plans to continue its strategy of growth through acquisitions, with a goal of adding approximately 150 new locations in the coming fiscal year to further expand its retail network across the Southeastern United States.
The document provides an overview of The Pantry, Inc., a leading convenience store retailer concentrated in the southeastern United States. It discusses the company's strong market position, growth opportunities, and financial performance. Key points include its focus on attractive southeastern markets, significant scale advantages, benefits from consumer trends toward convenience formats, and ability to generate strong cash flows and earnings growth.
Charter took steps in 2006 to grow customer and stockholder value by aggressively rolling out telephone and bundled service offerings and enhancing customer service capabilities. This helped drive a 10% increase in revenue and 5% increase in adjusted EBITDA for 2006. Charter focused on improving the customer experience, increasing bundled product sales, focusing resources on high-return investments, and improving its balance sheet. Going forward, Charter believes it is well positioned for continued growth in 2007 and beyond with the strategies and momentum built in 2006.
- Advanced Micro Devices, Inc. (AMD) filed an annual report on Form 10-K with the SEC for the fiscal year ended December 27, 2008.
- In 2008, AMD decided to divest its Digital Television and Handheld business units and completed the sale of its Digital Television business to Broadcom for $141.5 million.
- AMD entered into an agreement to form a manufacturing joint venture called The Foundry Company with Advanced Technology Investment Company to manufacture AMD's semiconductor products in exchange for ownership interests in The Foundry Company and $700 million in cash from ATIC.
Charter Communications' 2004 annual report summarizes the company's performance for the year and goals for the future. The company increased its revenues by 3% to $4.977 billion for 2004, though adjusted EBITDA remained flat at $1.926 billion. Charter focused on growing its digital, high-speed internet, and telephone services, adding new customers in each area. Going forward, the company aims to improve customer service and operational execution through its new "Focus on Excellence" initiative to help drive further growth. Charter's leadership is confident that its network infrastructure and product offerings position it for continued expansion of its business.
This document outlines the bylaws of The Pantry Inc. regarding meetings of stockholders. It discusses annual meetings, special meetings, notice requirements, quorums, voting procedures, and rules for stockholders to propose business or nominations at annual meetings. Key details include requirements that notice of meetings be given 10-60 days in advance, that a majority of shares constitutes a quorum, and that stockholders must meet certain criteria to propose other business or nominations at annual meetings.
Charter Communications reported strong financial results for the second quarter of 2007, with double-digit revenue and adjusted EBITDA growth driven by increases in high-speed internet and telephone customers. Revenue grew 11% year-over-year to $1.498 billion, while adjusted EBITDA rose 11% to $539 million. The company saw strong growth in its bundled customer base and average revenue per user. Charter also continued the expansion of its advanced services such as HD and DVR set-top boxes.
This document is Charter Communications' 2002 Annual Report. It provides financial and operating summaries for the year. Key points include:
- Revenues grew 15% to $4.56 billion while adjusted EBITDA rose 16.4% to $1.796 billion.
- Customer relationships declined to 6.634 million from 6.953 million in 2001. However, revenue generating units rose to 10.422 million.
- High-speed data customers increased significantly to 1.138 million while digital and analog video customers declined slightly.
- The report addresses challenges faced in 2001-2002 including customer losses, financial restatements, and regulatory investigations. However, it emphasizes progress in growing revenues from broadband services
The document outlines the charter of The Pantry, Inc.'s Corporate Governance and Nominating Committee. The committee assists the board in identifying and evaluating qualified individuals for board membership and ensuring high standards of corporate governance. It is responsible for recommending nominees for board and committee positions, monitoring independence, reviewing governance policies, and overseeing compliance with codes of conduct and public disclosure requirements. The committee has authority to retain outside advisors and performs evaluations of board performance.
Quest Diagnostics acquired SmithKline Beecham Clinical Laboratories in 1999, making it the clear leader in diagnostic testing in the US. Net income excluding special items was $41.2 million in 1999 compared to $26.9 million in 1998 due to the acquisition. However, after special items related to the acquisition, the company reported a net loss of $3.4 million. The company's strategy is focused on capitalizing on its position in diagnostic testing, becoming a leading provider of medical information by leveraging its large database of test results, and becoming recognized as the quality leader in healthcare services.
This document is the 2002 proxy materials and 2001 financial report for Charter Communications, Inc. It includes information such as the notice of annual meeting, proxy statement, executive compensation details, and financial reports. Shareholders are being asked to vote on the election of one Class A/Class B director and the ratification of the appointment of KPMG LLP as the independent public accountants. The sole holder of Class B shares will vote for the seven other director nominees. A plurality vote is required for the director election and a majority vote is required to ratify the appointment of the public accountants.
The document is a notice of the annual meeting of stockholders of Quest Diagnostics Incorporated to be held on May 4, 2004. The purposes of the meeting are to elect three directors for three-year terms, ratify the selection of PricewaterhouseCoopers LLP as the independent auditor, and transact any other business properly brought before the meeting. Stockholders of record as of the close of business on March 8, 2004 are entitled to vote.
- AMD reported a net loss of $67 million for Q3 2008 and $1.6 billion for the first 9 months of 2008 due to losses from discontinued operations related to its memory chip business Spansion. Revenue increased 14% in Q3 2008 compared to Q3 2007 but gross margin percentage increased from 41% to 51%.
- Total assets decreased from $11.55 billion as of December 2007 to $9.49 billion as of September 2008 mainly due to assets transferred from discontinued operations to liabilities held for sale. Cash and marketable securities decreased from $1.89 billion to $1.34 billion over the same period.
Advanced Micro Devices reported financial results for the second quarter of 2008 that showed a net loss of $1.19 billion compared to a net loss of $600 million in the second quarter of 2007. Revenue from continuing operations was $1.35 billion, up 3% from the previous year. The larger net loss was primarily due to an $876 million impairment charge related to discontinued operations. Excluding discontinued operations, the operating loss was $143 million compared to an operating loss of $396 million in the prior year, as gross margin improved to 52% from 34% a year ago.
Advanced Micro Devices reported a net loss of $1.77 billion for Q4 2007, compared to a net loss of $396 million in Q3 2007 and $576 million in Q4 2006. Revenue increased slightly to $1.77 billion from $1.63 billion the previous quarter but was flat compared to $1.77 billion in the same quarter last year. Gross margin declined to 44% from 41% last quarter due to higher costs. Operating losses increased substantially to $1.68 billion from $226 million last quarter due to a $1.61 billion goodwill impairment charge. Adjusted EBITDA was $203 million compared to $60 million in Q3 2007 and $169 million in Q4 2006
This document provides financial information for Advanced Micro Devices for the first quarter of 2009 including statements of operations, balance sheets, and selected corporate data. It shows a net loss of $414 million for the quarter, decreased revenue compared to the same quarter last year, and cash, cash equivalents and marketable securities of $2.719 billion. Non-GAAP information is also provided to show financial results without consolidation of GLOBALFOUNDRIES operations.
- AMD reported a net loss of $574 million for Q4 2006 on revenues of $1.77 billion compared to net income of $134 million on revenues of $1.33 billion in Q3 2006.
- For the full year 2006, AMD reported a net loss of $166 million on revenues of $5.65 billion compared to net income of $165 million on revenues of $5.85 billion in 2005.
- AMD's gross margin fell to 36.1% in Q4 2006 from 51.4% in Q3 2006 due to higher costs and lower selling prices.
- AMD reported a net loss of $574 million for Q4 2006 on revenues of $1.77 billion compared to net income of $134 million on revenues of $1.33 billion in Q3 2006.
- For the full year 2006, AMD reported a net loss of $166 million on revenues of $5.65 billion compared to net income of $165 million on revenues of $5.85 billion in 2005.
- AMD's gross margin fell to 36.1% in Q4 2006 from 51.4% in Q3 2006 due to higher costs and lower selling prices.
Advanced Micro Devices reported financial results for the third quarter of 2007, with revenue of $1.632 billion, up 20.7% from the previous year. However, the company reported a net loss of $396 million compared to a net income of $136 million in the prior year. Gross margin declined to 41% from 51% due to higher costs. Operating losses increased to $226 million from income of $121 million, driven by increased research and development, marketing, and acquisition-related expenses. On a non-GAAP basis, adjusted EBITDA was $60 million, down 82% from the previous year.
Advanced Micro Devices reported a net loss of $396 million for the quarter and $1.6 billion for the nine months ended September 29, 2007. Revenue increased 22% for the quarter but fell 9% for the nine months. Gross margin declined to 41% for the quarter and 35% for the nine months due to higher costs. Research and development expenses increased 68% for the nine months as the company worked to develop new products.
This document provides operating statistics and financial results for El Paso Corporation for the fourth quarter of 2005.
Some key highlights include:
- Consolidated net loss was $162 million for Q4 2005 compared to a net loss of $542 million for Q4 2004.
- The Pipeline Group segment earned $233 million in earnings before interest and taxes for Q4 2005, down from $369 million in Q4 2004.
- Exploration & Production earned $168 million in earnings before interest and taxes for Q4 2005, down slightly from $176 million in Q4 2004.
- Marketing and Trading lost $224 million in earnings before interest and taxes for Q4 2005, an improvement from a $
The document provides operating statistics for El Paso Corporation for the fourth quarter of 2008. It includes consolidated statements of income, operating results, and business segment results for Pipelines, Exploration and Production, Marketing, Power, and Corporate/Other. Key details include a net loss of $1.68 billion for Q4 2008 driven by $2.66 billion in ceiling test charges in Exploration and Production. Pipelines contributed operating income of $291 million in Q4. Exploration and Production had an operating loss of $2.39 billion in Q4 due to the ceiling test charges.
el paso 22758BEF-CBE8-4368-BDC6-D02434EE5C13_EP_4Q08OpStatsFinalfinance49
The document provides operating statistics for El Paso Corporation for the fourth quarter of 2008. It includes consolidated statements of income, operating results, and business segment results for Pipelines, Exploration and Production, Marketing, Power, and Corporate/Other. Key details include a net loss of $1.68 billion for Q4 2008 driven by $2.66 billion in ceiling test charges in Exploration and Production. Pipelines generated $319 million in EBIT for Q4. Exploration and Production had an EBIT loss of $2.53 billion for the quarter due to the ceiling test charges.
This document summarizes Freddie Mac's consolidated statements of income, balance sheets, and cash flows for the years ended December 31, 2007, 2006 and 2005. In 2007, Freddie Mac reported a net loss of $3.09 billion compared to net income of $2.33 billion in 2006. Total assets decreased slightly to $794.4 billion in 2007 from $804.9 billion in 2006. Cash flows from operating activities included a net loss of $3.09 billion for 2007, adjustments including $2.85 billion in provision for credit losses, and net purchases of held-for-sale mortgages totaling $2.1 billion.
This document provides operating statistics for El Paso Corporation for the fourth quarter of 2006. It includes consolidated statements of income, operating results, and business segment results for the company's pipelines, exploration and production, marketing, power, field services, and corporate divisions. For the fourth quarter of 2006, the company reported a net loss of $166 million compared to a net loss of $162 million in the fourth quarter of 2005. The pipelines segment reported earnings before interest and taxes of $302 million for the fourth quarter of 2006.
This document summarizes the expected effects of the merger between Duke Energy and Cinergy. Shareholders and customers can expect value and reliable, affordable service. Local communities can anticipate support and enhancement. Employees will find a safe workplace that supports growth while sustaining the environment. The merger aims to increase value for investors while serving customers, communities, employees, and protecting the environment. Financial details of both companies from 2001-2005 are provided.
Reliance Steel & Aluminum Co. reported strong financial performance in 2006 with increased sales, gross profit, operating profit, net income, and EBITDA compared to prior years. The company saw opportunities for continued growth and success. Key financial data such as income, expenses, earnings per share, cash flow, and assets all increased substantially from 2002 to 2006, demonstrating the company's ongoing financial strength.
- Revenue for the third quarter of 2008 was $1.965 billion, up slightly from $1.865 billion in the third quarter of 2007.
- Net earnings for the quarter were $187.65 million, up 8% from $174.59 million in the third quarter of 2007.
- Earnings per share for the quarter were $1.01, up from $0.87 in the prior year period.
This document provides non-GAAP reconciliations of Alltel Corporation's results of operations for various periods under GAAP and from current businesses. It excludes items like amortization of intangible assets from acquisitions, gains or losses from asset sales or disposals, integration expenses, adjustments to tax liabilities, and discontinued operations. Notes further explain the adjustments and excluded items, such as amortization, integration costs, gains or losses on sales of assets or securities, compensation from accelerated vesting of restricted stock, and the spin-off of Alltel's wireline business.
The document provides operating statistics for El Paso Corporation for the second quarter of 2008. It includes consolidated statements of income, consolidated operating results, and business segment results for Pipelines, Exploration and Production, Marketing, and Power. The Pipelines segment reported earnings before interest and taxes of $295 million on throughput of 16,144 billion British thermal units per day for the quarter. Exploration and Production reported earnings of $281 million with average daily production volumes of 3.1 million barrels of oil equivalent. Marketing reported a loss of $154 million.
The document provides operating statistics for El Paso Corporation for the second quarter of 2008. It includes consolidated statements of income, consolidated operating results, and business segment results for Pipelines, Exploration and Production, Marketing, and Power. The Pipelines segment saw a decrease in throughput compared to the first quarter but an increase compared to the same period last year. The Exploration and Production segment saw higher earnings before interest and taxes compared to both periods last year. Overall, the company saw higher earnings from continuing operations compared to the same period last year.
The document provides financial information for Procter & Gamble for the fourth quarter and fiscal year 2006 compared to 2005, including:
- Net sales increased 5% in the fourth quarter and 6% for the fiscal year.
- Earnings from continuing operations were $142 million in the fourth quarter and $443 million for the fiscal year.
Charter Communications held an earnings call presentation on May 3, 2007 to discuss their quarterly results and outlook. The presentation included the following:
1) Charter reported strong momentum in the first quarter of 2007 with the highest revenue, adjusted EBITDA, and RGU growth in several years driven by increased bundling of services and growth in value-added services.
2) Bundled customers increased to 41% of total customers in the first quarter of 2007 compared to 34% in the prior year. Telephone services passed increased significantly year-over-year and telephone customers more than doubled.
3) Financial results showed 10.7% revenue growth and 13.2% adjusted EBITDA growth year-
Charter Communications held an earnings call presentation on May 3, 2007 to discuss their first quarter 2007 results. The presentation included the following key points:
1) Charter experienced strong momentum in the first quarter of 2007 with the highest revenue, adjusted EBITDA, and RGU growth in over four years driven by increased bundling of services and growth in value-added services.
2) Bundling of video, internet, and telephone services increased customer penetration and ARPU, with bundled customers rising to 41% of total customers in the first quarter of 2007 compared to 34% in the first quarter of 2006.
3) Telephone services continued to show strong growth with homes passed increasing 86% compared to the
Charter Communications reported financial results for the second quarter of 2007 that showed double-digit revenue and adjusted EBITDA growth compared to the second quarter of 2006. Revenue grew 11% due to increases in high-speed internet, telephone, and commercial business, while adjusted EBITDA rose 11%. The company added 166,300 total RGUs in the quarter, up 47% year-over-year, driven by growth in digital video, high-speed internet, and telephone customers. Bundled customers grew 17.7% and now make up 42% of total customers.
charter communications 4Q2007_Earnings_Presentation_vFINALfinance34
This document is the transcript from Charter Communications' 4th quarter and full year 2007 earnings call. It includes:
1) Charter Communications reported consistent revenue and adjusted EBITDA growth in the 4th quarter and full year 2007, driven by strategies to increase bundling penetration and improve customer experience.
2) The company grew revenue from high-speed internet and telephone services through customer growth and increasing ARPU. Bundling phone with cable services drove faster growth and improved customer retention.
3) Charter reduced its debt maturities through 2012 to $367 million and expects adequate liquidity through 2009 to continue investing in growth opportunities and improving service.
charter communications 4Q2007_Earnings_Presentation_vFINALfinance34
This document summarizes Charter Communications' 4th quarter and full year 2007 earnings call. It discusses the company's consistent revenue and adjusted EBITDA growth over the past five quarters. Key highlights include double-digit annual revenue growth driven by increases in high-speed internet and telephone customers. The company has focused on strategies like bundling multiple services and improving the customer experience to generate sustainable growth.
charter communications 1Q_2008_Earnings_Presentationfinance34
Charter Communications reported first quarter 2008 results. Revenue grew 10.5% to $1.56 billion driven by strong growth in high-speed internet, telephone, and commercial customers. Adjusted EBITDA also increased 10.5% to $545 million. The company added over 302,000 customers during the quarter and nearly doubled telephone customers year-over-year. Charter aims to continue growing revenue and adjusted EBITDA through bundling video, internet, and telephone services and increasing penetration of triple play customers.
charter communications 2Q_2008_Earnings_Presentation_FINALfinance34
Charter Communications reported second quarter 2008 earnings. Revenue grew 8.9% year-over-year to $1.623 billion driven by balance of rate and volume increases. Adjusted EBITDA increased 10.1% year-over-year to $591 million and the margin expanded 40 basis points to 36.4%. Total customer relationships grew 6% year-over-year with a focus on bundling video, internet, and telephone services and increasing penetration of advanced offerings.
charter communications 2Q_2008_Earnings_Presentation_FINALfinance34
Charter Communications held its second quarter 2008 earnings call on August 5, 2008. The presentation included forward-looking statements and discussed Charter's second quarter 2008 financial results. Key highlights included 8.9% revenue growth and 10.1% adjusted EBITDA growth. Charter saw increases in video, high-speed internet, and telephone customers. Bundled customer penetration reached 50% in the second quarter.
charter communications 3Q_2008_Earnings_Presentation_vFINALfinance34
Charter Communications held its third quarter 2008 earnings call on November 6, 2008. The document provides a cautionary statement regarding forward-looking statements made on the call. It notes that while Charter believes its plans, intentions and expectations are reasonable, actual results could differ materially due to risks and uncertainties. It lists some key risk factors that could cause results to differ from forward-looking statements.
charter communications 3Q_2008_Earnings_Presentation_vFINALfinance34
Charter Communications held its third quarter 2008 earnings call on November 6, 2008. The document provides a cautionary statement regarding forward-looking statements made on the call. It notes that while Charter believes its plans, intentions and expectations are reasonable, actual results could differ materially due to risks and uncertainties. The document lists some key risk factors that could cause actual results to differ from forward-looking statements.
This document is a proxy statement from Charter Communications providing information about the company's upcoming annual shareholder meeting. It details that shareholders will vote on the election of one Class A/Class B director and provides information about voting procedures. The sole nominee for the Class A/Class B director position is Ronald L. Nelson. The proxy statement also provides details about the meeting such as the voting eligibility requirements, proxy voting instructions, how to attend the meeting, and who is paying for the solicitation of proxies.
This document is a proxy statement from Charter Communications providing information for its upcoming annual shareholder meeting. It summarizes that shareholders will vote on one director nominee, Ronald L. Nelson, to serve as the Class A/Class B director on the board. It provides details on voting procedures and requirements. The other six board members will be elected solely by the Class B shareholder, Paul Allen.
Charter's broadband network provides the capacity to deliver high-speed internet access, digital video services, and interactive programming to millions of customers. Upgrading systems to broadband allows Charter to offer customers more choices through new digital services while generating new revenue streams. Charter is well-positioned for continued growth and success as the demand for broadband services increases and more applications are developed that utilize the network's massive bandwidth.
Charter Communications is the fourth largest cable television operator in the United States, serving over 6 million customers across 11 regions. The company believes that cable broadband will be the primary means of delivering new services like video, data, and voice to homes and businesses. Charter aims to deliver the full potential of broadband and provide superior customer service. The company has grown through 32 acquisitions since 1994 and successfully integrates new systems by empowering local managers and improving technology and marketing.
- The document is Charter Communications' 2001 proxy materials and 2000 financial report. It includes information about the upcoming annual shareholder meeting such as voting procedures, director nominees, and proposals to be voted on.
- Shareholders will vote on the election of one Class A/Class B director, ratification of the 1999 Option Plan, and approval of the 2001 Incentive Plan.
- The proxy statement provides details on voting procedures, who is eligible to vote, what votes are required to pass each item, and how to complete and submit proxy cards.
Charter Communications exceeded its ambitious financial goals and customer growth targets for 2000. The company integrated millions of new customers and thousands of employees from acquisitions, while accelerating its rollout of digital cable, high-speed internet, and video on demand services. Charter's aggressive expansion strategy has positioned it as an industry leader, with operating cash flow and customer growth significantly outpacing competitors. Going forward, Charter will continue investing in its broadband network and pursuing new acquisition opportunities to further its vision of delivering advanced interactive services to homes and businesses.
Charter Communications had a very successful year in 2000:
1) They exceeded their ambitious financial goals, achieving significant revenue and cash flow growth through acquisitions and expansion of their broadband network and advanced services.
2) They reached over 1 million digital cable customers, accelerated their broadband network buildout, and were recognized as industry leaders in key performance metrics.
3) Looking ahead, Charter plans to continue growing organically and through acquisitions to attract more customers and capitalize on their technological lead in interactive digital services delivered over their high-speed broadband network.
This document is the proxy statement and financial report from Charter Communications for 2002. It provides information on the annual shareholder meeting, including the election of one Class A/Class B director by the combined vote of Class A and B shareholders. It also includes details on ratifying the appointment of KPMG LLP as the independent auditor. Additional sections provide information on executive compensation, ownership of shares, related party transactions, and the financial report for 2001.
Charter Communications experienced significant growth and transformation in 2001. It ended the year with over 2.1 million digital cable customers and 607,700 high-speed cable modem customers. Charter also expanded its interactive television offerings and modernized its network monitoring and customer service centers. Going forward, Charter aims to fully leverage its high-speed broadband network to deliver digital video, high-speed internet, and interactive television services.
Charter Communications had strong growth in 2001, adding over 2.1 million digital cable customers and over 600,000 high-speed internet customers. The company continued expanding its network and improving customer service centers. Charter provides digital video, high-speed internet, and interactive television services using its broadband network, enhancing customers' entertainment and access to information. The company saw revenues increase 14% and operating cash flow increase nearly 11% from 2000 to 2001.
Monthly Market Risk Update: June 2024 [SlideShare]Commonwealth
Markets rallied in May, with all three major U.S. equity indices up for the month, said Sam Millette, director of fixed income, in his latest Market Risk Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
13 Jun 24 ILC Retirement Income Summit - slides.pptxILC- UK
ILC's Retirement Income Summit was hosted by M&G and supported by Canada Life. The event brought together key policymakers, influencers and experts to help identify policy priorities for the next Government and ensure more of us have access to a decent income in retirement.
Contributors included:
Jo Blanden, Professor in Economics, University of Surrey
Clive Bolton, CEO, Life Insurance M&G Plc
Jim Boyd, CEO, Equity Release Council
Molly Broome, Economist, Resolution Foundation
Nida Broughton, Co-Director of Economic Policy, Behavioural Insights Team
Jonathan Cribb, Associate Director and Head of Retirement, Savings, and Ageing, Institute for Fiscal Studies
Joanna Elson CBE, Chief Executive Officer, Independent Age
Tom Evans, Managing Director of Retirement, Canada Life
Steve Groves, Chair, Key Retirement Group
Tish Hanifan, Founder and Joint Chair of the Society of Later life Advisers
Sue Lewis, ILC Trustee
Siobhan Lough, Senior Consultant, Hymans Robertson
Mick McAteer, Co-Director, The Financial Inclusion Centre
Stuart McDonald MBE, Head of Longevity and Democratic Insights, LCP
Anusha Mittal, Managing Director, Individual Life and Pensions, M&G Life
Shelley Morris, Senior Project Manager, Living Pension, Living Wage Foundation
Sarah O'Grady, Journalist
Will Sherlock, Head of External Relations, M&G Plc
Daniela Silcock, Head of Policy Research, Pensions Policy Institute
David Sinclair, Chief Executive, ILC
Jordi Skilbeck, Senior Policy Advisor, Pensions and Lifetime Savings Association
Rt Hon Sir Stephen Timms, former Chair, Work & Pensions Committee
Nigel Waterson, ILC Trustee
Jackie Wells, Strategy and Policy Consultant, ILC Strategic Advisory Board
Dr. Alyce Su Cover Story - China's Investment Leadermsthrill
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
Fabular Frames and the Four Ratio ProblemMajid Iqbal
Digital, interactive art showing the struggle of a society in providing for its present population while also saving planetary resources for future generations. Spread across several frames, the art is actually the rendering of real and speculative data. The stereographic projections change shape in response to prompts and provocations. Visitors interact with the model through speculative statements about how to increase savings across communities, regions, ecosystems and environments. Their fabulations combined with random noise, i.e. factors beyond control, have a dramatic effect on the societal transition. Things get better. Things get worse. The aim is to give visitors a new grasp and feel of the ongoing struggles in democracies around the world.
Stunning art in the small multiples format brings out the spatiotemporal nature of societal transitions, against backdrop issues such as energy, housing, waste, farmland and forest. In each frame we see hopeful and frightful interplays between spending and saving. Problems emerge when one of the two parts of the existential anaglyph rapidly shrinks like Arctic ice, as factors cross thresholds. Ecological wealth and intergenerational equity areFour at stake. Not enough spending could mean economic stress, social unrest and political conflict. Not enough saving and there will be climate breakdown and ‘bankruptcy’. So where does speculative design start and the gambling and betting end? Behind each fabular frame is a four ratio problem. Each ratio reflects the level of sacrifice and self-restraint a society is willing to accept, against promises of prosperity and freedom. Some values seem to stabilise a frame while others cause collapse. Get the ratios right and we can have it all. Get them wrong and things get more desperate.
A toxic combination of 15 years of low growth, and four decades of high inequality, has left Britain poorer and falling behind its peers. Productivity growth is weak and public investment is low, while wages today are no higher than they were before the financial crisis. Britain needs a new economic strategy to lift itself out of stagnation.
Scotland is in many ways a microcosm of this challenge. It has become a hub for creative industries, is home to several world-class universities and a thriving community of businesses – strengths that need to be harness and leveraged. But it also has high levels of deprivation, with homelessness reaching a record high and nearly half a million people living in very deep poverty last year. Scotland won’t be truly thriving unless it finds ways to ensure that all its inhabitants benefit from growth and investment. This is the central challenge facing policy makers both in Holyrood and Westminster.
What should a new national economic strategy for Scotland include? What would the pursuit of stronger economic growth mean for local, national and UK-wide policy makers? How will economic change affect the jobs we do, the places we live and the businesses we work for? And what are the prospects for cities like Glasgow, and nations like Scotland, in rising to these challenges?
Explore the world of investments with an in-depth comparison of the stock market and real estate. Understand their fundamentals, risks, returns, and diversification strategies to make informed financial decisions that align with your goals.
Confirmation of Payee (CoP) is a vital security measure adopted by financial institutions and payment service providers. Its core purpose is to confirm that the recipient’s name matches the information provided by the sender during a banking transaction, ensuring that funds are transferred to the correct payment account.
Confirmation of Payee was built to tackle the increasing numbers of APP Fraud and in the landscape of UK banking, the spectre of APP fraud looms large. In 2022, over £1.2 billion was stolen by fraudsters through authorised and unauthorised fraud, equivalent to more than £2,300 every minute. This statistic emphasises the urgent need for robust security measures like CoP. While over £1.2 billion was stolen through fraud in 2022, there was an eight per cent reduction compared to 2021 which highlights the positive outcomes obtained from the implementation of Confirmation of Payee. The number of fraud cases across the UK also decreased by four per cent to nearly three million cases during the same period; latest statistics from UK Finance.
In essence, Confirmation of Payee plays a pivotal role in digital banking, guaranteeing the flawless execution of banking transactions. It stands as a guardian against fraud and misallocation, demonstrating the commitment of financial institutions to safeguard their clients’ assets. The next time you engage in a banking transaction, remember the invaluable role of CoP in ensuring the security of your financial interests.
For more details, you can visit https://technoxander.com.
Singapore 2024 Sustainability Reporting and Accountancy Education Slides
AMD Q408Financials
1. ADVANCED MICRO DEVICES, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(Millions except per share amounts and percentages)
Quarter Ended Year Ended
Dec. 27, Sept. 27, Dec. 29, Dec. 27, Dec. 29,
2008 2008 2007 2008 2007*
(Unaudited) (Unaudited) (Unaudited) (Unaudited)
Net revenue $ 1,162 $ 1,797 $ 1,737 $ 5,808 $ 5,858
Cost of sales 890 881 968 3,488 3,669
Gross margin 272 916 769 2,320 2,189
Gross margin % 23% 51% 44% 40% 37%
Research and development 465 438 455 1,848 1,771
Marketing, general and administrative 317 315 319 1,304 1,360
Amortization of acquired intangible assets and integration charges 30 30 50 137 236
Impairment of goodwill and acquired intangible assets 684 2 1,132 1,089 1,132
Restructuring charges 50 9 - 90 -
Gain on sale of 200 millimeter equipment - - - (193) -
Operating income (loss) (1,274) 122 (1,187) (1,955) (2,310)
Interest income 7 7 19 39 73
Interest expense (89) (87) (95) (366) (367)
Other income (expense), net 37 (4) 1 22 (7)
Income (loss) from continuing operations before minority interest,
equity in net loss of Spansion Inc. and other and income taxes (1,319) 38 (1,262) (2,260) (2,611)
Minority interest in consolidated subsidiaries (6) (7) (9) (33) (35)
Equity in net loss of Spansion Inc. and other (20) (9) (69) (53) (155)
Income (loss) from continuing operations before income taxes (1,345) 22 (1,340) (2,346) (2,801)
Provision (benefit) for income taxes 69 (1) (42) 68 27
Income (loss) from continuing operations $ (1,414) $ 23 $ (1,298) $ (2,414) $ (2,828)
Income (loss) from discontinued operations, net of tax (10) (150) (474) (684) (551)
Net income (loss) $ (1,424) $ (127) $ (1,772) $ (3,098) $ (3,379)
Net income (loss) per common share
Basic and diluted
Continuing operations $ (2.32) $ 0.04 $ (2.24) $ (3.98) $ (5.07)
Discontinued operations $ (0.02) $ (0.25) $ (0.82) $ (1.12) $ (0.99)
Basic and diluted net income (loss) per common share $ (2.34) $ (0.21) $ (3.06) $ (5.10) $ (6.06)
Shares used in per share calculation
Basic and diluted 609 608 579 607 558
* Amounts for the year ended December 29, 2007 were derived from the December 29, 2007 audited financial statements, adjusted for discontinued operations.
2. ADVANCED MICRO DEVICES, INC.
CONSOLIDATED BALANCE SHEETS
(Millions)
Dec. 27, Dec. 29,
2008 2007*
(Unaudited)
Assets
Current assets:
Cash, cash equivalents and marketable securities $ 1,096 $ 1,889
Accounts receivable, net 320 640
Inventories 656 810
Prepaid expenses and other current assets 279 401
Deferred income taxes 28 64
Assets of discontinued operations - 759
Total current assets 2,379 4,563
Property, plant and equipment, net 4,296 4,716
Goodwill 323 1,286
Acquisition related intangible assets, net 168 465
Other assets 509 520
Total Assets $ 7,675 $ 11,550
Liabilities and Stockholders' Equity (Deficit)
Current liabilities:
Accounts payable $ 631 $ 1,009
Accrued compensation and benefits 162 186
Accrued liabilities 785 821
Deferred income on shipments to distributors 50 101
Current portion of long-term debt and capital lease obligations 286 238
Other short-term obligations 86 -
Other current liabilities 226 270
Total current liabilities 2,226 2,625
Deferred income taxes 91 6
Long-term debt and capital lease obligations, less current portion 4,702 5,031
Other long-term liabilities 569 633
Minority interest in consolidated subsidiaries 169 265
Stockholders' equity (deficit):
Capital stock:
Common stock, par value 6 6
Capital in excess of par value 6,002 5,921
Retained earnings (deficit) (6,198) (3,100)
Accumulated other comprehensive income 108 163
Total stockholders' equity (deficit) (82) 2,990
Total Liabilities and Stockholders' Equity (Deficit) $ 7,675 $ 11,550
* Amounts for the year ended December 29, 2007 were derived from the December 29, 2007 audited financial statements, adjusted for
discontinued operations.
3. ADVANCED MICRO DEVICES, INC.
SELECTED CORPORATE DATA (1)
(Unaudited)
(Millions except headcount and percentages)
Quarter Ended Year Ended
Dec. 27, Sept. 27, Dec. 29, Dec. 27, Dec. 29,
Segment Information from Continuing Operations 2008 2008 2007 2008 2007
Computing Solutions (2)
Net revenue $ 873 $ 1,391 $ 1,402 $ 4,559 $ 4,702
Operating income (loss) $ (431) $ 143 $ 10 $ (461) $ (712)
Graphics (3)
Net revenue 270 385 295 1,165 992
Operating income (loss) (10) 47 15 12 (39)
All Other (4)
Net revenue 19 21 40 84 164
Operating income (loss) (833) (68) (1,212) (1,506) (1,559)
Total from Continuing Operations
Net revenue $ 1,162 $ 1,797 $ 1,737 $ 5,808 $ 5,858
Operating income (loss) $ (1,274) $ 122 $ (1,187) $ (1,955) $ (2,310)
Revenue Reconciliation
Revenue from continuing operations $ 1,162 $ 1,797 $ 1,737 $ 5,808 $ 5,858
Revenue from discontinued operations 8 23 33 73 155
Total revenue $ 1,170 $ 1,820 $ 1,770 $ 5,881 $ 6,013
Components of Discontinued Operations
Operating income (loss) $ (10) $ (15) $ 2 $ (74) $ (75)
Impairment of goodwill and acquired intangible assets - (135) (476) (609) (476)
Restructuring charges - - - (1) -
Total loss from discontinued operations $ (10) $ (150) $ (474) $ (684) $ (551)
Other Data
Depreciation & amortization
(excluding amortization of acquired intangible assets) $ 271 $ 266 $ 272 $ 1,068 $ 1,030
Capital additions $ 112 $ 83 $ 264 $ 621 $ 1,683
Adjusted EBITDA (5) $ (271) $ 406 $ 206 $ 313 $ (64)
Headcount 14,652 15,460 16,420 14,652 16,420
(1) Comparative amounts adjusted for discontinued operations except for headcount data.
(2) Computing Solutions segment includes microprocessors, chipsets and embedded processors. For the year ended December 27, 2008 , the operating loss includes a $193M gain on the sale of 200 mm equipment. For the quarter ended Sept. 27, 2008 and year
ended December 27, 2008, net revenue includes $191M in technology license revenue.
(3) Graphics segment includes graphics, video and multimedia products developed for use in desktop and notebook computers, including home media PCs, professional workstations and servers. Starting in the quarter ended June 28, 2008 this segment also includes
royalties received in connection with the sale of game console systems that incorporate the Company’s graphics technology. Prior periods have been recast to conform to current period presentation.
(4) All Other category includes employee stock-based compensation expense and certain operating expenses and credits that are not allocated to the operating segments. Also included in this category are charges for the impairment of goodwill and acquired intangible
assets, amortization of acquired intangible assets and integration, restructuring, severance; The Foundry Company formation costs; and the cost of fair value adjustment of acquired inventory. Details of these significant items are shown below. Starting in the
quarter ended December 27, 2008, the All Other category includes the results of our Handheld business. Prior periods have been recast to conform to current period presentation.
Significant items in All Other Employee stock-based compensation expense:
Quarter Ended Year Ended Quarter Ended Year Ended
Q408 Q308 Q407 FY08 FY07 Q408 Q308 Q407 FY08 FY07
Impairment of goodwill and acquired intangible assets Cost of sales
$ 684 $ 2 $ 1,132 $ 1,089 $ 1,132 $ 2$ 2$ 5 $ 10 $ 11
Amortization of acquired intangible assets and integration charges 30 30 50 137 236 Research and development 10 10 11 44 50
Restructuring charges 50 9 - 90 - Marketing, general and administrative 8 7 10 23 48
The Foundry Company formation costs $ 20 $ 19 $ 26 $ 77 $ 109
23 - - 23 -
Cost of fair value adjustment of acquired inventory - - - - 25
Severance charges - - - - 18
$ 787 $ 41 $ 1,182 $ 1,339 $ 1,411
(5) Reconciliation of income (loss) from continuing operations to Adjusted EBITDA*
Quarter Ended Year Ended
Q408 Q308 Q407 FY08 FY07
Income (loss) from continuing operations $ (1,414) $ 23 $ (1,298) $ (2,414) $ (2,828)
Impairment of goodwill and acquired intangible assets 684 2 1,132 1,089 1,132
Depreciation and amortization 271 266 272 1,068 1,030
Amortization of acquired intangible assets 30 29 47 136 208
Interest expense 89 87 95 366 367
Provision (benefit) for income taxes 69 (1) (42) 68 27
Adjusted EBITDA $ (271) $ 406 $ 206 $ 313 $ (64)
*
The Company defines Adjusted EBITDA as income (loss) from continuing operations adjusted for impairment of goodwill and acquired intangible assets, depreciation and amortization, amortization of acquired intangible assets, interest expense and taxes. The Company calculates and
communicates Adjusted EBITDA because management believes it is of interest to investors and lenders in relation to its overall capital structure and its ability to borrow additional funds. The Company’s calculation of Adjusted EBITDA may or may not be consistent with the calculation of
this measure by other companies in the same industry. Investors should not view Adjusted EBITDA as an alternative to the U.S. GAAP operating measure of net income (loss) or U.S. GAAP liquidity measures of cash flows from operating, investing and financing activities. In addition,
Adjusted EBITDA does not take into account changes in certain assets and liabilities as well as interest and income taxes that can affect cash flows.